Unit 5: Economic Activity

What are the factors of production?

• Products and services generated by economic activity.

• The resources required for the generation of goods.

• Those products and services generated by humans for the subsistence and satisfaction of different needs.

What are economic goods?

• Products and services generated by economic activity.

• Existing resources generated by products and services for the subsistence of the population.

• Those products and services generated by humans for the subsistence and satisfaction of different cities.

What is the capital in the factors of production?

• The materials, techniques, investments (machines, money) that are needed in order to offer services and obtain products.

• The resources needed to generate economic goods that are necessary for human survival.

• The people who take and turn natural resources into economic goods.

What are the economic sectors?

• Primary, secondary, tertiary

• Livestock, agriculture, fishing

• Agriculture, construction, tertiary

What economic sector has become the most active in recent years?

• Secondary

• Livestock

• Tertiary

What economic sector is related to services?

• Secondary

• Livestock

• Tertiary

What private economic agent does not consume its own products but rather exchanges them for money?

• People and families

• Companies

• The State

What countries are part of BRICs?

• Brazil, Russia, China and South Africa

• Brazil, Mexico, Malasia, India and China

• Brazil, Turkey, Indonesia, India and China

In what part of Spain are there fisheries?

• Canary Islands, Balearic Islands, Asturias

• Eastern Andalucía, Canary Islands, Basque Country

• Galicia, Canary Islands, Western Andalucía

Where are the main areas in which corn is cultivated?

• Castilla y León, Castilla-La Mancha and the Ebro Valley

• Tarragona, Valencia, Sevilla

• Galicia and Aragón